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International Internet Magazine. Baltic States news & analytics Thursday, 28.03.2024, 10:33

EcoMin: good assessment by German companies in Lithuania will encourage investment

BC, Vilnius, 25.04.2014.Print version
Almost a half of Lithuania-based German companies say they are planning to increase investment and the number of employees in 2014, while 9 from 10 German investors would chose Lithuania once again, a poll carried out by German-Baltic Chamber of Commerce in Estonia, Latvia and Lithuania has revealed, cites LETA/ELTA.

In the beginning of 2014, German companies operating in Baltic countries were optimistic. Due to the stable and good economic condition in the region and favourable development prospects, companies expected an increase in turnover and exports in 2014.

 

"Positive assessments of German businessmen reflect improving sentiments in entire Europe; however, the fact that Lithuania is assessed exceptionally well is a very great assessment for improving investment climate in Lithuania. The feedback of foreign investors already operating in the country is of utmost importance for every new investor. Therefore, I have no doubt that such commentaries of German businessmen will encourage more German companies to take interest in opportunities in Lithuania," Minister of Economy Evaldas Gustas commented on the results of the poll.

 

Germans, who have invested in Lithuania, are mores satisfied with the economic situation of their companies: only a half of companies, which have invested in Latvia and Estonia, regard the economic situation of their companies as good, while in Lithuania even 72% of German companies regard their economic situation as good.






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